People Moves

Credit shop PVE expands with risk manager, sales head

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PVE Capital, the London hedge fund firm focused on macro-credit investing that runs a joint venture investment vehicle with the Matrix Group, has made two senior hires as it seeks to grow its institutional platform.

Stevan Simic is the firm’s new risk manager, having previously held a similar role at Concordia Advisors. Before Concordia, he worked within the risk controlling group at Deutsche Bank, where his responsibilities included market risk for the global credit derivatives desk.

PVE has also appointed Alpstar Capital veteran Ronald Neumunz as head of sales and investor relations. Neumunz has held sales and management